Vital Limited provides mobile radio networks and high-speed broadband services in New Zealand. The company operates in two segments, Wireless Networks and Wired Networks. It offers fiber and Ethernet solutions; and broadband connectivity and ancillary related services to a range of wholesale customers and end users. The company also provides data and GPS tracking products, as well as finance leasing services. It serves government, civil defense, emergency service, health, utility, public transport, education, logistics and freight, agriculture, and channel partner customers. The company was formerly known as TeamTalk Limited and changed its name to Vital Limited in July 2019. Vital Limited was incorporated in 1994 and is headquartered in Wellington, New Zealand.
Vital Dividend Announcement
• Vital announced a annually dividend of NZ$0.02 per ordinary share which will be made payable on 2021-10-15. Ex dividend date: 2021-09-30
• Vital's trailing twelve-month (TTM) dividend yield is -%
Vital Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2021-09-30 | NZ$0.02 | annually | 2021-10-15 |
2020-10-01 | NZ$0.03 | annually | 2020-10-16 |
2019-10-03 | NZ$0.03 | annually | 2019-10-18 |
2016-04-07 | NZ$0.04 | annually | |
2015-10-07 | NZ$0.04 | annually | |
2015-04-08 | NZ$0.04 | annually | |
2014-10-08 | NZ$0.07 | annually | |
2014-04-02 | NZ$0.12 | annually | |
2013-10-09 | NZ$0.02 | annually | |
2013-04-17 | NZ$0.02 | annually | |
2012-10-03 | NZ$0.02 | annually | |
2012-04-18 | NZ$0.02 | annually | |
2011-10-05 | NZ$0.10 | annually | |
2011-04-06 | NZ$0.10 | annually | |
2010-10-06 | NZ$0.14 | annually | |
2010-04-12 | NZ$0.10 | annually | |
2009-11-02 | NZ$0.10 | annually | |
2009-04-20 | NZ$0.10 | annually |
Vital Dividend per year
Vital Dividend growth
Vital Dividend Yield
Vital current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Vital stock? Use our calculator to estimate your expected dividend yield:
Vital Financial Ratios
Vital Dividend FAQ
Other factors to consider when evaluating Vital as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Vital's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Vital publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Vital distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Vital are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Vital sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Vital distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Vital declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Vital's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Vital's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.